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Ramesh purchased a bicycle for Rs. 5,200...

Ramesh purchased a bicycle for Rs. 5,200 and spent Rs. 800 on its repairs. He had to sell it for Rs. 5,500. Find his profit or loss per cent.

A

20% profit

B

22% profit

C

50/6 % loss

D

None of these

Text Solution

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The correct Answer is:
D
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DISHA PUBLICATION-PROFIT, LOSS AND DISCOUNT-Practice Exercise (Foundation Level)
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